Abbreviated Company Accounts - GRIMMS DYKE (LIBERTY) ESTATES LIMITED

GRIMMS DYKE (LIBERTY) ESTATES LIMITED - Company Information

Registered Number 01380736

GRIMMS DYKE (LIBERTY) ESTATES LIMITED

Abbreviated Accounts

31 May 2014

GRIMMS DYKE (LIBERTY) ESTATES LIMITED Registered Number 01380736

Abbreviated Balance Sheet as at 31 May 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets		-	-
Tangible assets	3	786	786
Investments		-	-
		786	786
Current assets
Stocks		-	-
Debtors		1,030	567
Investments		-	-
Cash at bank and in hand		86,476	81,190
		87,506	81,757
Prepayments and accrued income		-	-
Creditors: amounts falling due within one year		(429)	(3,780)
Net current assets (liabilities)		87,077	77,977
Total assets less current liabilities		87,863	78,763
Creditors: amounts falling due after more than one year		0	0
Provisions for liabilities		0	0
Accruals and deferred income		(4,725)	(4,725)
Total net assets (liabilities)		83,138	74,038
Reserves
Revaluation reserve		0	0
Other reserves		0	0
Income and expenditure account		83,138	74,038
Members' funds		83,138	74,038

For the year ending 31 May 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 12 November 2014

And signed on their behalf by:
Tim James, Director

GRIMMS DYKE (LIBERTY) ESTATES LIMITED Registered Number 01380736

Notes to the Abbreviated Accounts for the period ended 31 May 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

2Company limited by guarantee
Company is limited by guarantee and consequently does not have share capital.

3Tangible fixed assets

	£
Cost
At 1 June 2013	786
Additions	0
Disposals	0
Revaluations	0
Transfers	0
At 31 May 2014	786
Depreciation
At 1 June 2013	0
Charge for the year	0
On disposals	0
At 31 May 2014	0
Net book values
At 31 May 2014	786
At 31 May 2013	786

This represents the historical cost of acquiring the estate less the capital sums paid by freeholders to cancel their liability for chief rent.
In the opinion of the directors the cost and effort of obtaining a current valuation is not justified for the purposes of additional clarity or for the better understanding of these financial statements.